SC 13G/A: SentinelOne, Inc.
Ticker: S · Form: SC 13G/A · Filed: 2024-11-12T00:00:00.000Z
Sentiment: neutral
Topics: sc-13g-a
AI Summary
SC 13G/A filing by SentinelOne, Inc..
Risk Assessment
Risk Level: low
Filing Stats: 3,013 words · 12 min read · ~10 pages · Grade level 9.3 · Accepted 2024-11-12 16:18:10
Key Financial Figures
- $0.0001 — ssuer) Class A Common Stock, par value $0.0001 (Title of Class of Securities) 81730
Filing Documents
- tm2427333d1_sc13ga.htm (SC 13G/A) — 103KB
- tm2427333d1_ex99-1.htm (EX-99.1) — 7KB
- 0001104659-24-116805.txt ( ) — 112KB
(a)
Item 1(a) Name of Issuer. SentinelOne, Inc. (the “ Issuer ”)
(b)
Item 1(b) Address of Issuer’s Principal Executive Offices. 444 Castro Street, Suite 400 Mountain View, CA 94041
(a)
Item 2(a) Name of Persons Filing. Tomer Weingarten (“ Mr. Weingarten ”) Weingarten 2021 Irrevocable Trust dated April 29, 2021 (the “ Irrevocable Trust ”) North Point Trust Company, LLC, trustee of the Irrevocable Trust (the “ Trustee ” and, together with Mr. Weingarten and the Irrevocable Trust, the “ Reporting Persons ”)
(b)
Item 2(b) Address of Principal Business Office or, if none, Residence. The address of the principal business office of Mr. Weingarten is: 444 Castro Street, Suite 400 Mountain View, CA 94041 The address of the principal business office of each of the Trustee and the Irrevocable Trust is: 333 West Boulevard, Suite 305 Rapid City, SD 57701
(c)
Item 2(c) Citizenship. Mr. Weingarten is a U.S. citizen. The situs of the Irrevocable Trust is the state of South Dakota. The Trustee is a South Dakota limited liability company.
(d)
Item 2(d) Title of Class of Securities. Class A Common Stock, par value $0.0001 CUSIP No. 81730H109 Page 6 of 10
(e)
Item 2(e) CUSIP Number. 81730H109 Item 3 If this statement is filed pursuant to §§240.13d-1(b), or 240.13d-2(b) or (c), check whether the person filing is a: (a) Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o); (b) Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c); (c) Insurance company as defined in section 3(a)19) of the Act (15 U.S.C. 78c); (d) Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8); (e) An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E); (f) An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F); (g) A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G); (h) A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) A non-U.S. institution in accordance with §240.13d–1(b)(1)(ii)(J); (k) Group, in accordance with §240.13d–1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with §240.13d–1(b)(1)(ii)(J), please specify the type of institution: ________________________________.
Ownership
Item 4. Ownership. Provide the following information regarding the aggregate number and percentage of the class of securities of the Issuer identified in Item 1. (a) Amount Beneficially Owned: Reference to “beneficial ownership” of securities for purposes of this statement shall be understood to refer to beneficial ownership as that term is defined in Rule 13d-3 of the Securities Exchange Act of 1934, as amended (the “ Exchange Act ”). As of September 30, 2024, the Reporting Persons may be deemed to directly or indirectly beneficially own an aggregate total of 12,997,093 shares of the Issuer’s Class A Common Stock. CUSIP No. 81730H109 Page 7 of 10 As of September 30, 2024, Mr. Weingarten was deemed to be the direct beneficial owner of 12,573,464 of the securities described in the preceding paragraph. The aforementioned direct beneficial ownership consists of: (i) 4,392,653 shares of the Issuer’s Class B Common Stock, which are convertible into shares of the Issuer’s Class A Common Stock on a one-for-one basis at any time upon the election of the holder or automatically upon certain transfers, whether or not for value, or upon the occurrence of certain other events more specifically described in the Issuer’s Restated Certificate of Incorporation; (ii) 31,873 shares of the Issuer’s Class A Common Stock; (iii) an aggregate 3,347,292 shares of the Issuer’s Class B Common Stock underlying stock options which were vested as of September 30, 2024, and which are convertible on a one-for-one basis into Class A Common Stock; (iv) an aggregate 173,906 shares of the Issuer’s Class B Common Stock underlying stock options which shall vest and become exercisable within 60 days of September 30, 2024, which are convertible on a one-for-one basis into Class A Common Stock; (v) 19,956 restricted stock units which shall vest and be settled for an equal number of shares of the Issuer’s Class A Common Stock
Ownership of 5 Percent or Less of a Class
Item 5. Ownership of 5 Percent or Less of a Class. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following .
Ownership of
Item 6. Ownership of More than 5 Percent on Behalf of Another Person. The owner of record of the Proxy Shares retains the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of the Proxy Shares. None of the Reporting Persons has any right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of the Proxy Shares.
Identification
Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person.
is not applicable
Item 7 is not applicable.
Identification
Item 8. Identification and Classification of Members of the Group.
is not applicable
Item 8 is not applicable.
Notice of Dissolution
Item 9. Notice of Dissolution of a Group.
is not applicable
Item 9 is not applicable.
Certification
Item 10. Certification
is not applicable
Item 10 is not applicable. CUSIP No. 81730H109 Page 10 of 10 SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: November 12, 2024 /s/ Tomer Weingarten Tomer Weingarten Dated: November 12, 2024 Weingarten 2021 Irrevocable Trust dated April 29, 2021 By: NORTH POINT TRUST COMPANY, LLC, as Trustee By: /s/ Todd Wiles Name: Todd Wiles Title: President Dated: November 12, 2024 NORTH POINT TRUST COMPANY, LLC, as Trustee of the Weingarten 2021 Irrevocable Trust dated April 29, 2021 By: /s/ Todd Wiles Name: Todd Wiles Title: President